At 415.1 million bbl, US crude oil inventories are about 11.1% below the 5-year average for this time of year, the EIA report indicated.

Discover how bp cut methane emissions and boosted flare efficiency with Panametrics’ flare.IQ technology—achieving 99.3% ...

The 20-year agreement increases Chevron’s total contracted volume from Energy Transfer LNG to 3.0 million tpy, following the initial 2.0 million tpy agreement signed in 2024.

The primary exploration target for the well was to prove oil in Upper Cretaceous reservoir rocks in the Nise formation.

Golar LNG's 2.7-million tpy floating LNG plant Gimi reached commercial operations earlier this month, triggering the start of a 20-year lease and operate agreement on the ...

At the JPMorgan Energy, Power, Renewables & Mining Conference in New York on June 24, leaders of Devon Energy Corp. and EOG ...

After recently guiding down, executives now plan for activity levels only slightly below the level they had forecasted coming ...

Upon completion of CCL Midscale Trains 8 & 9, and together with expected debottlenecking and CCL Stage 3, the Corpus Christi LNG terminal is expected to reach over 30 million ...

Saipem will deliver engineering, procurement, and construction services for Eni's project, which aims to boost the ...

The projection anticipates production will rise to over 3.9 million b/d by 2030, which is half a million b/d higher than 2024. Notably, the 2030 forecast has been revised ...

The LNG would be supplied from Woodside’s LNG portfolio, including from Scarborough gas field in Australia, a project supported by a loan from the Japan Bank for ...